Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch   Ying Huang
BTIG   Timothy Chiang
Barclays Capital Inc.   Geoff Meacham
Berenberg   Patrick Trucchio
Cowen and Company   Boris Peaker
Credit Suisse   Vamil Divan
Goldman Sachs   Jami Rubin
J.P. Morgan   Anupam Rama
Mizuho Securities USA Inc.   Irina Koffler
Morgan Stanley   David Lebowitz
UBS Investment Bank   Marc Goodman
WallachBeth Capital LLC   Brian Jeep
Wedbush PacGrow Life Sciences   David Nierengarten
Wells Fargo   David Maris

Ironwood Pharmaceuticals, Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Ironwood Pharmaceuticals, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Ironwood Pharmaceuticals, Inc. or its management. Ironwood Pharmaceuticals, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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